2 papers
econ.GN2021
Capital Demand Driven Business Cycles: Mechanism and Effects
Karl Naumann-Woleske, Michael Benzaquen, Maxim Gusev +1
We develop a tractable macroeconomic model that captures dynamic behaviors across multiple timescales, including business cycles. The model is anchored in a dynamic capital demand…
q-fin.GN2018
An Endogenous Mechanism of Business Cycles
Dimitri Kroujiline, Maxim Gusev, Dmitry Ushanov +2
This paper suggests that business cycles may be a manifestation of coupled real economy and stock market dynamics and describes a mechanism that can generate economic fluctuations…